Minimize Waste
A principle in lean management aimed at reducing non-value-added activities to improve efficiency.
38 topics found for
“resource utilization”
Dublin Core
A set of metadata standards used to describe digital resources, facilitating their discovery and management.
Prioritization Matrix
A decision-making tool that helps prioritize tasks or projects based on specific criteria, such as impact and effort.
Operations
The day-to-day activities required to produce goods and services, manage resources, and support business functions.
Muda
A Japanese word meaning any activity in a process that consumes resources without adding value.
Value vs. Complexity
A prioritization framework used to assess and compare the value a feature will deliver to users against the complexity and cost of implementing it.
Instrumental Value
The worth of something based on its ability to help achieve a desired end or goal.
CoD
Cost of Delay (CoD) is a metric that quantifies the economic impact of delaying a project, feature, or task.
CPOO
Cost Per Objective Option (CPOO) is a metric used to measure the cost efficiency of different marketing options based on achieving specific objectives.